Vietnam will focus on developing its private sector to turn it into an important driving force for the socialist-oriented market economy, contributing to rapid and sustainable socio-economic development and improving the economy's self-reliance.

With the Government’s initiatives to address disappointing GDP growth in the first quarter and the fact that foreign companies’ orders are likely to increase in the second half of the year, the economy is expected to rebound then, Michael Kokalari, chief economist at investment fund VinaCapital, has said.

A project on economic empowerment for young ethnic minority people in the northern mountainous province of Lai Chau has had many activities to create livelihoods, promote gender equality, and facilitate youth development after two years of implementation.

VOV.VN - Relevant ministries, agencies and localities of Vietnam and Cambodia will continue to improve and develop appropriate legal frameworks and cooperation mechanisms in order to create favourable conditions for cooperation between the two countries’ border localities.

Though the global financial market has seen uncertainties this year, Vietnam's currency and foreign exchange markets have remained stable.

The Asia Business Centre and Vietnam-Malaysia Business Association (VMBIZ) co-organised a Vietnam-ASEAN economic cooperation forum and a ceremony awarding strong brands, outstanding leaders, and quality services and products of ASEAN in Malaysia on April 22.

VOV.VN - Vietnamese overseas remittances to Ho Chi Minh City reached more than US$2.1 billion in the first quarter this year, up 19.41% year on year, amid economic difficulty, Tuoi Tre (Youth) newspaper reported.

VOV.VN - Vietnam and Cuba will further promote economic, trade and investment cooperation commensurate with the good political and diplomatic relations between the two countries.

Natural disasters caused economic loss worth nearly VND19.5 trillion (approximately US$830 million) in 2022, up 3.4 times from the loss recorded in 2021, a conference of the national steering committee for natural disaster prevention and control heard on April 20.

Australian businesses were updated on strengths, demands and preferential policies of the northern province of Ha Nam and the Mekong Delta of Bac Lieu at a seminar held in Sydney on April 20.